SOUTHWEST AIRLINES DECLARES 181st QUARTERLY DIVIDEND

Rhea-AI Summary

Southwest Airlines (NYSE: LUV) announced its 181st consecutive quarterly dividend, declaring a cash dividend of $0.18 per share.

The dividend will be payable on July 10, 2024, to shareholders recorded by the close of business on June 19, 2024.

Positive

• 181st consecutive quarterly dividend signifies financial stability and consistent shareholder returns.
• Dividend of $0.18 per share reflects shareholder value and return on investment.
• Dividend payout maintains investor confidence in the company's fiscal health.

Negative

• Dividend payout may add financial strain during economic downturns or periods of reduced cash flow.

DALLAS, May 15, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) Board of Directors declared a quarterly cash dividend of $.18 per share to Shareholders of record at the close of business on June 19, 2024, on all shares then issued and outstanding. The quarterly dividend will be paid on July 10, 2024.

SW-DSR

View original content:https://www.prnewswire.com/news-releases/southwest-airlines-declares-181st-quarterly-dividend-302146449.html

SOURCE Southwest Airlines Co.

FAQ

When will Southwest Airlines pay its next dividend?

Southwest Airlines will pay its next dividend on July 10, 2024.

What is the dividend per share announced by Southwest Airlines?

The dividend per share announced by Southwest Airlines is $0.18.

What is the record date for Southwest Airlines' upcoming dividend?

The record date for Southwest Airlines' upcoming dividend is June 19, 2024.

How often does Southwest Airlines pay dividends?

Southwest Airlines pays dividends quarterly.

What is the stock symbol for Southwest Airlines?

The stock symbol for Southwest Airlines is LUV.